External Debt
- At September end the external debt stood at $ 484.3 bn
- Compared to the debt at the end of March the external debt has declined by 0.2%. it is because of the commercial borrowings and short term external debt
- The long term debt constitutes 83.2% whereas the short term debt is 16.8%
- Share of government (or sovereign) debt is 20.1% and that of non-government is 79.9%
Direct Tax Dispute Resolution
- Was introduced in the Finance Act 2016
- Has been introduced to reduce the tax litigation
- The cut-off date was 31st December 2016, which has been extended till the end of 31st January 2017
      Points about DTDR
- It allows for settlement of cases pending in various courts, tribunals, arbitration or mediation under the Bilateral Investment Protection Agreement (BIPA)
- It covers all the disputes that have arisen because of retrospective amendment of taxation laws
- The companies under this scheme need to pay just the tax demand, the interest and the penalty will be waived off
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